KrisD15
Expert Alumni

Get your taxes done using TurboTax

When you are entering the 1099-MISC, be sure to select "This was a manufacturer's incentive payment" on the "Does one of these uncommon situations apply?" screen. 

The Income will be listed on Schedule 1 as Other Income. 

 

 

"Staking rewards are an incentive that blockchains provide to participants. Each blockchain has a set amount of crypto rewards for validating a block of transactions. When you stake crypto and you're chosen to validate transactions, you receive those crypto rewards."

 

@boavalos

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